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Although the start date had been was agreed as December 2015, it has now been announced that construction of the roads that connect will Tecun Uman with Chiapas, Mexico, will start in April.
Panama Canal Railway Company plans to invest $75 million once the concession of the port is approved, which is still waiting for legislation to grant the concessionaire the same tax benefits that other port operators receive.
An article on Thebulletinpanama.com reports that the operator of the Interoceanic train (PCRC) "... invested about $80 million in renovation and modernization in order to make initial annual capacity 400,000 containers.
The government announced that it is studying the feasibility of the project based on an electric train, and some companies have expressed interest in a possible freight service between the port and the greater metropolitan area.
The Ministry of Foreign Trade (Comex) and the authorities of the Instituto Costarricense de Ferrocarriles (Incofer) announced that for funding for the possible launch of the train they will evaluate "...
The feasibility study which determines that the electric train in the greater metropolitan area is viable was carried out by a Spanish company, and paid for by the Spanish government as part of the marketing efforts made by railway companies, also of the same nationality.
According to the Spanish firm Ineco, a global consultant on transport engineering, the construction of an electric railway connecting the cities of Alajuela, Heredia, Cartago and San José, is viable.
The National Agency for Partnerships for Development in Guatemala has announced the construction of an intermodal terminal at the customs office in Tecún Umán II.
The investment is estimated to be about $40 million, with the feasibility study having already been awarded at a cost of $362 thousand. What has been called a "dry port" will be a terminal for cargo transfer between trucks and trains.
Otto Pérez Molina said it is a private project, "in which the State of Guatemala will not invest resources, but will act as supervisor of the processes and of the use of any financial contributions as well as of environmental protection measures ."
The Guatemalan president's remarks could jeopardize the state's responsibility to potential investors in the project, which, so far, has not had its economic and financial viability demonstrated.
Problems in the computer systems at Balboa port have slowed container cargo on the railroad.
Currently three thousand containers a week are being transported when normally in the same period of the year nearly eight to nine thousand containers a week are mobilized.
Tomás Kenna, president of the Panama Canal Railway, explained that "the problem we are experiencing is with the receipt and delivery of containers at the ports." According to the official, what is happening with the movement of cargo has to do with the implementation of a new computer system at the Port of Balboa, which apparently is having problems attending to boats and trains.
The implementation of a technology system promised to streamline operations in the terminal, but ironically it has stalled operations since last Wednesday.
"There have been normal delays as a product of the transition from the old to the new system, including delays in dispatching containers to the railway," said Rommel Troetsch, head of corporate affairs at Panama Ports Company (PPC), adding that operations should return to normal in the next few days.
Investors from Brazil, South Korea and Taiwan have expressed interest in a project to rebuild the country's rail system.
"We've had people interested in restoring the railroad, although we have not defined what the appropriate channel would be, whether it would be a tender or a public-private partnership", said Juan Carlos Paiz, presidential commissioner for competitiveness.
Spanish technicians are examining the feasibility of a railway line linking La Aurora International Airport to Antigua Guatemala.
According to an article in Siglo21.com: "The Controller of Ferrocarriles de Guatemala (FEGUA), Carlos Samayoa, said that on July 16 the Spanish technicians will arrive to assess the country's conditions and the feasibility of a journey that would leave from behind the airport and run around the borders of the city, and would feed into intermediate stations and Suburban transportation. "
After the court decision that awarded the Guatemalan State the rights to the railroad, President Perez Molina has announced interested in its recovery.
The president of Guatemala announced that investors, who as yet have not been identified, would be willing to bear the cost of debt that the State has with company "Ferrovías", calculated at more than $11 million.
Rail transport is an important factor for strengthening the country's role as a logistics hub for the Americas.
The Panama Canal Railway Company, administrator of the Panama’s railroads, has invested about $230 million in acquiring modern equipment and improving the infrastructure of the Panama-Colón railway, a key element for a country that is trying to establish itself as the logistics hub of the Americas .
There is never too much facilitation for commerce: we welcome the Chinese-Colombian project to unite by ground the Pacific with the Atlantic.
The Panama Canal Authority understands that and beyond feeling prepared for the competition this project would represent, they indicate that the more developed infrastructure the region has, the more it becomes a logistics hub.
The countries are negotiating construction of a dry canal in Colombia, an alternative to the Panama Canal.
Colombian president, Juan Manuel Santos, in statements given to the British press, said negotiations are in advanced stages.
"The new 'dry canal', 220 kilometers long, would run from the Pacific to a newly built city near Cartagena, where imported products from China would be assembled for subsequent export to other countries in the Americas," reports Semana.com´s article.